JCDV
Open bankruptcyFinancials · financial year 2023, micro format
2023 annual accounts filed 25 days after the deadline Filed on 25 August 2024, deadline 31 July 2024 (7 months after the close on 31 December 2023, Companies Code art. 3:10). Source: NBB, 2024-00423256.
Annual accounts 2023 filed on 25-08-2024 PDF all 9 filings
Turnover
≈ €110,000
Estimated: probably between €71,000 and €150,000
Total assets
€16,724▼ 14.6%
2022 · €19,577
Net result
€23,095
2022 · -€20,702
Working capital
-€69,529▲ 10.2%
2022 · -€77,424
Trend over the years
2019 to 2023, 5 financial years 2018 to 2023, 6 financial years
The operating result for 2023 is a loss of €8,658, smaller than the loss of €18,209 in 2022.
Operating result-€8,658
2023
Net result€23,095
2023
Total assets€16,724
2023
Equity-€65,540
2023
Debt€82,264
2023
Working capital-€69,529
2023
Return on assets (ROA)138.1%
2023
Solvency-391.9%
2023
Current ratio0.15
2023
Staff (FTE)1
2020
Turnover is what the company sold, the result is what was left of it. A loss stands below the zero line.
Assets, equity and debt per financial year.
Above zero, the company can pay its short-term debts with what it holds in the short term.
The EBIT margin is the share of each euro of turnover left from operations. The return on assets is what the assets earn.
The higher the solvency, the better the company absorbs a setback.
A ratio above 1 means the short-term assets cover the short-term debts.
Average staff per financial year, in full-time equivalents (FTE).
Use the arrow keys on the chart for the figures per year.
The sector band is the middle half of the companies in Food and beverage service activities (NACE 56). A quarter of them sit below it, a quarter above. Each year counts only accounts in the same format, and only where there are at least 30. The dashed line is the median. There is a sector band for net result, equity, total assets, working capital, solvency, current ratio, return on assets (ROA) and staff (FTE).
Every figure with its change against the financial year before
favourable
unfavourable
Line201820192020202120222023
Operating result-€6,075--€15,143▼ 149%-€18,626▼ 23.0%-€3,864▲ 79.3%-€18,209▼ 371%-€8,658▲ 52.5%
Net result-€10,651--€22,108▼ 108%-€11,692below the sector's middle half▲ 47.1%€8,531within the sector's middle half-€20,702below the sector's middle half€23,095above the sector's middle half
Equity-€42,663--€64,772▼ 51.8%-€76,463below the sector's middle half▼ 18.1%-€67,932below the sector's middle half▲ 11.2%-€88,634below the sector's middle half▼ 30.5%-€65,540below the sector's middle half▲ 26.1%
Total assets€19,816-€18,348▼ 7.4%€14,189below the sector's middle half▼ 22.7%€29,447below the sector's middle half▲ 108%€19,577below the sector's middle half▼ 33.5%€16,724below the sector's middle half▼ 14.6%
Debt€62,479-€83,120▲ 33.0%€90,652▲ 9.1%€97,379▲ 7.4%€108,211▲ 11.1%€82,264▼ 24.0%
Working capital-€42,656--€74,646▼ 75.0%-€68,560below the sector's middle half▲ 8.2%-€58,647below the sector's middle half▲ 14.5%-€77,424below the sector's middle half▼ 32.0%-€69,529below the sector's middle half▲ 10.2%
Solvency-215.3%--353.0%▼ 137.7pp-538.9%below the sector's middle half▼ 185.9pp-230.7%below the sector's middle half▲ 308.2pp-452.7%below the sector's middle half▼ 222.1pp-391.9%below the sector's middle half▲ 60.9pp
Current ratio0.12-0.08▼ 0.040.07below the sector's middle half▼ 0.010.28below the sector's middle half▲ 0.210.17below the sector's middle half▼ 0.110.15below the sector's middle half▼ 0.01
Return on assets (ROA)-53.7%--120.5%▼ 66.7pp-82.4%below the sector's middle half▲ 38.1pp29.0%above the sector's middle half▲ 111.4pp-105.7%below the sector's middle half▼ 134.7pp138.1%above the sector's middle half▲ 243.8pp
Staff (FTE)2-2=1within the sector's middle half▼ 50.0%
above
within
below
The sector band is the middle half of the companies in Food and beverage service activities (NACE 56). A quarter of them sit below it, a quarter above. Each year counts only accounts in the same format, and only where there are at least 30.
Turnover and EBIT margin are not published. The micro format does not require them. The turnover shown is an estimate from the gross margin.
Balance-sheet composition
2023 in colour, 2022 as the grey bar beneath
Assets €16,724
Fixed assets
€3,989 =
Current assets
€12,735 ▼ 18.3%
Equity and liabilities
Equity-€65,540
Debt€82,264
Equity is negative. Debt (€82,264) exceeds the balance-sheet total (€16,724).
Key figures and ratios
Quick ratio
0.12▼
2022 · 0.14
Debt ≤ 1 year
€82,264▼
2022 · €93,011
Staff costs
€34,429▼
2022 · €40,078
Debt to equity is not shown because equity is negative. Debt divided by negative equity means nothing.
Green means a favourable move, even when the figure itself falls, as with debt or debt to equity.
Annual accounts
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | Change |
|---|---|---|---|---|---|---|---|
| Remuneration, social security and pensions62 | - | - | - | €27,468 | €40,078 | €34,429 | ▼ 14.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €2,744 | €2,278 | €2,278 | €2,278 | €3,000 | - | - |
| Other operating charges640/8 | - | - | - | €110 | €141 | €449 | ▲ 218% |
| Gross operating margin9900 | €30,239 | €37,963 | -€5,816 | €25,992 | €25,011 | €26,221 | ▲ 4.8% |
| Operating profit (loss)9901 | -€6,075 | -€15,143 | -€18,626 | -€3,864 | -€18,209 | -€8,658 | ▲ 52.5% |
| Financial income75/76B | - | - | - | €13,005 | - | €35,093 | - |
| Recurring financial income75 | €3 | - | €10,000 | €13,005 | - | €35,093 | - |
| Non-recurring financial income76B | - | - | - | - | - | €35,093 | - |
| Financial charges65/66B | - | - | - | €611 | €2,493 | €3,341 | ▲ 34.0% |
| Recurring financial charges65 | €4,579 | €6,965 | €3,066 | €611 | €2,493 | €3,341 | ▲ 34.0% |
| Profit (loss) for the period before taxes9903 | -€10,651 | -€22,108 | -€11,692 | €8,531 | -€20,702 | €23,095 | - |
| Profit (loss) for the period9904 | -€10,651 | -€22,108 | -€11,692 | €8,531 | -€20,702 | €23,095 | - |
| Profit (loss) for the period to be appropriated9905 | -€10,651 | -€22,108 | -€11,692 | €8,531 | -€20,702 | €23,095 | - |
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | Change |
|---|---|---|---|---|---|---|---|
| Assets | |||||||
| Total assets20/58 | €19,816 | €18,348 | €14,189 | €29,447 | €19,577 | €16,724 | ▼ 14.6% |
| Fixed assets21/28 | €14,153 | €11,875 | €9,267 | €6,989 | €3,989 | €3,989 | = |
| Intangible fixed assets21 | €9,000 | €7,000 | €5,000 | €3,000 | - | - | - |
| Tangible fixed assets22/27 | €834 | €556 | €278 | €0 | - | - | - |
| Plant, machinery and equipment23 | - | - | - | €0 | - | - | - |
| Financial fixed assets28 | €4,319 | €4,319 | €3,989 | €3,989 | €3,989 | €3,989 | = |
| Current assets29/58 | €5,664 | €6,474 | €4,922 | €22,458 | €15,588 | €12,735 | ▼ 18.3% |
| Stocks and contracts in progress3 | €1,753 | €1,877 | €866 | €1,878 | €2,573 | €2,696 | ▲ 4.8% |
| Stocks30/36 | - | - | - | €1,878 | €2,573 | €2,696 | ▲ 4.8% |
| Amounts receivable within one year40/41 | €2,348 | €2,214 | €337 | €9,051 | €9,170 | €9,338 | ▲ 1.8% |
| Other amounts receivable41 | - | - | - | €9,051 | €9,170 | €9,338 | ▲ 1.8% |
| Cash at bank and in hand54/58 | €1,563 | €2,382 | €3,490 | €11,530 | €3,731 | €701 | ▼ 81.2% |
| Deferred charges and accrued income490/1 | - | - | - | €0 | €114 | - | - |
| Equity and liabilities | |||||||
| Total equity and liabilities10/49 | €19,816 | €18,348 | €14,189 | €29,447 | €19,577 | €16,724 | ▼ 14.6% |
| Equity10/15 | -€42,663 | -€64,772 | -€76,463 | -€67,932 | -€88,634 | -€65,540 | ▲ 26.1% |
| Contributions10/11 | €18,600 | €18,600 | €18,600 | €18,600 | €18,600 | €18,600 | = |
| Capital10 | - | - | - | €18,600 | €18,600 | - | - |
| Issued capital100 | - | - | - | €18,600 | €18,600 | - | - |
| Profit (loss) carried forward14 | -€61,263 | -€83,372 | -€95,063 | -€86,532 | -€107,234 | -€84,140 | ▲ 21.5% |
| Amounts payable17/49 | €62,479 | €83,120 | €90,652 | €97,379 | €108,211 | €82,264 | ▼ 24.0% |
| Amounts payable after more than one year17 | - | - | - | €1,074 | - | - | - |
| Financial debts170/4 | - | - | - | €1,074 | - | - | - |
| Amounts payable within one year42/48 | €48,319 | €81,120 | €73,482 | €81,105 | €93,011 | €82,264 | ▼ 11.6% |
| Trade debts44 | €16,151 | €20,910 | €28,318 | €29,310 | €25,855 | €19,269 | ▼ 25.5% |
| Suppliers440/4 | - | - | - | €29,310 | €25,855 | €19,269 | ▼ 25.5% |
| Taxes, remuneration and social security45 | - | - | - | €51,778 | €67,139 | €62,978 | ▼ 6.2% |
| Taxes450/3 | - | - | - | €34,626 | €43,251 | €40,315 | ▼ 6.8% |
| Remuneration and social security454/9 | - | - | - | €17,152 | €23,888 | €22,663 | ▼ 5.1% |
| Other amounts payable47/48 | - | - | - | €17 | €17 | €17 | = |
| Accrued charges and deferred income492/3 | - | - | - | €15,200 | €15,200 | - | - |
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | Change |
|---|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | -€10,651 | -€22,108 | -€11,692 | €8,531 | -€20,702 | €23,095 | - |
| + Depreciation and write-downs630 | €2,744 | €2,278 | €2,278 | €2,278 | €3,000 | - | - |
| Operating cash flow (approximation) | -€7,906 | -€19,830 | -€9,414 | €10,809 | -€17,702 | €23,095 | - |
| Investment in fixed assets (approximation) | - | €0 | €330 | €0 | €0 | €0 | - |
| Change in cash | - | €819 | €1,107 | €8,040 | -€7,799 | -€3,030 | ▲ 61.1% |
A Belgian filing has no cash-flow statement. These rows are therefore an approximation, derived from the income statement and the balance-sheet moves.
Filings with the National Bank (9)
| Financial year | Type | Filed | Reference | Document |
|---|---|---|---|---|
| 31-12-2023 | micro format | 25-08-2024 | 2024-00423256 | |
| 31-12-2022 | micro format | 27-08-2023 | 2023-00379771 | |
| 31-12-2021 | micro format | 27-08-2022 | 2022-20344004 | |
| 31-12-2020 | micro format | 23-08-2021 | 2021-51600249 | |
| 31-12-2019 | micro format | 23-10-2020 | 2020-62700468 | |
| 31-12-2018 | micro format | 29-08-2019 | 2019-58100139 | |
| 31-12-2017 | micro format | 28-08-2018 | 2018-59000183 | |
| 31-12-2016 | micro format | 29-08-2017 | 2017-54400529 | |
| 31-12-2015 | full format | 31-08-2016 | 2016-56000075 |